crypto

OCC reaffirms banks’ authority to offer crypto services without prior approval

OCC reaffirms banks’ authority to offer crypto services without prior approval

The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer crypto services, namely custody and execution, including through third-party providers, provided they adhere to sound risk management practices and legal compliance.  The clarification, issued through Interpretive Letter 1184, confirms and expands on earlier […]

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ZachXBT reveals Coinbase users lost another M in a week to ongoing social engineering scams

ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams

Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report

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Revolut partners with Lightspark to integrate Bitcoin lightning payments

Revolut partners with Lightspark to integrate Bitcoin lightning payments

UK fintech giant Revolut has partnered with Lightspark to bring Lightning Network support for Bitcoin (BTC) payments to users in the UK and select European Economic Area countries, the companies announced on May 7. The integration enables near-instant, low-cost Bitcoin transactions for Revolut users by leveraging Lightspark’s enterprise-grade infrastructure. It marks a major milestone for

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Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first

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Billionaire Investor Shuns Real Estate As ‘Bad Investment’

Billionaire Investor Shuns Real Estate As ‘Bad Investment’

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure One of Mexico’s wealthiest entrepreneurs has made a dramatic social media claim that Bitcoin is a better investment than property. Ricardo Salinas Pliego, worth nearly $6 billion, expressed the view on his X (formerly Twitter) page this week. He described purchasing a

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Tether  Billion Boost Fuels Tron Surge: alt=

Tether $1 Billion Boost Fuels Tron Surge: $0.40 In The Crosshairs

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Ethereum Pectra upgrade is live, bringing major changes to wallet functionality

Ethereum Pectra upgrade is live, bringing major changes to wallet functionality

Ethereum has activated the Pectra upgrade on its mainnet, marking a significant milestone for the blockchain network. The upgrade went live at epoch 364032 on May 7 around 10:05 UTC. Tim Beiko, the Ethereum Foundation’s Protocol Support Lead, confirmed the upgrade, stating that Pectra had successfully gone live and finalized. He noted that ongoing testing

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Bitcoin Pepe presale nears goal as US-China trade talks resume

Bitcoin Pepe presale nears goal as US-China trade talks resume

Digital assets displayed optimism on Wednesday as Bitcoin soared past the vital $96,500. The renewed sentiments emerged after reports that the United States will restart trade talks with China this week. The news grabbed investors’ attention as it represents the first direct interaction between the two governments since Trump’s inauguration in January and new tariffs

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Bitcoin Mining Giant Unloads  Million In Crypto

Bitcoin Mining Giant Unloads $40 Million In Crypto

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Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum.  In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly 61% of the capital raised throughout 2024, according to DefiLlama.  Varys Capital head of venture Tom Dunleavy shared that, despite this influx, fewer active funds

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